His ideas on BRR and ...it's prob better to be  conservative when you start AND during this timing of the RE cycle

The property sale price is $450,000.

It was a bank sale and I was in the right place at the right time.

You're no longer an engineer, secretary, or sales guy - if you want to acquire your first deal - tell everyone - "I buy and sell houses".2.

You will need to show proof that your living there and that the home that was your previous primary in now on listed on the market for sale or better yet, sold, prior to your refinance closing. 

lets take in consideration the house is in the middle nowhere and it takes months for the house to sale in the area. 

@Eduardo Bernal, TX has some of the highest property taxes in the country, because they have no income tax and only a moderate sales tax (6.25%).

She is looking at a turnover of about 3 months from purchase to sale where she will pay off the original purchase price.    

Hi all, I am getting ready to close on my second deal and its a whole sale deal that seemed to be awesome until i find out yesterday it has $100,000 fines in code enforcement violations since 2013.

Agreed with the above - In Missouri, I have yet to meet a hard money lender that will fund foreclosures since they need a window to inspect/appraise and you don't get that with a foreclosure sale.